[pageLogInLogOut]

#Nonwovens / Technical Textiles

Suominen has signed a credit facility agreement linked to sustainability targets

Suominen has entered into a single-currency syndicated revolving credit facility agreement of EUR 100 million with a maturity of three years with two one-year extension options. The lenders for the facility are Danske Bank A/S, Finland Branch and Nordea. The new credit facility includes leverage ratio and gearing as financial covenants.

The margin of the facility will increase or decrease dependent on Suominen meeting two sustainability key performance indicators (“KPI”), namely:

  • Increase in the sales of sustainable products
  • Reduction of greenhouse gas emissions




The new credit facility replaces the existing EUR 100 million syndicated revolving credit facility agreement of Suominen provided by Nordea and Svenska Handelsbanken AB (publ), Branch Operation in Finland as the lenders.

More News from

#Knitting & Hosiery

KARL MAYER's HKS 2-SE Expands Possibilities for Premium Stretch WARP KNITS

Warp knitted fabrics with a woven look are more in demand than ever in the fashion and apparel industries. Stretch WARP KNITS, in particular, impress with their freedom of movement, breathability, and virtually wrinkle-free wear – thereby opening up new style worlds such as smart casual or business casual. When it comes to the highly efficient production of premium-quality stretch WARP KNITS, the HKS 2-SE has long been the machine of choice. KARL MAYER’s best-selling tricot machine produces standard elastic fabrics characterized by high gauges, smooth, delicate surfaces, and a soft hand feel.

#Textiles & Apparel / Garment

Catalyst Club launches in Florence: Where conversations become catalysts for change

The first chapter of Catalyst Club debuted in Florence, bringing together creative directors, entrepreneurs, manufacturers, journalists and innovators from across the fashion and textile industry for an evening of dialogue, exchange and connection.

#Recycling / Circular Economy

Textiles Recycling Expo 2026 builds on successful debut with record attendance, global participation and expanded industry collaboration

The second edition of Textiles Recycling Expo concluded on 24–25 June at Brussels Expo, reinforcing its position as Europe's leading exhibition and conference dedicated exclusively to textile recycling and circularity.

#Composites

JEC Forum Southeast Asia 2026 highlights Taiwan as a strategic hub for the global composites industry

The third edition of JEC Forum organized in Southeast Asia brought together 350+ participants from 22 countries for three active days of high-level Business Meetings, conferences, and networking, emphasizing Southeast Asia’s growing role in the global composites market. Held for the first time in Taipei from 23 to 24 June 2026, following the successful first editions in Bangkok, JEC Forum Southeast Asia 2026 confirmed its position as the region’s leading business platform dedicated to the composites industry.

More News on Nonwovens / Technical Textiles

#ITMA Asia + CITME Singapore 2025

ANDRITZ sets focus on textile recycling and durable nonwoven production technologies at ITMA Asia 2025

International technology Group ANDRITZ will be presenting its innovative nonwovens production and textile solutions at ITMA ASIA + CITME 2025 in Singapore, from October 28 to 31, 2025 (Hall 2, D106). ANDRITZ will showcase its MMCF production plants, textile sorting and recycling, bast fiber processing, needlepunch, airlay, and life-cycle service technologies, with a focus on sustainable solutions. Discover how these innovations can grow your business opportunities and support a greener future.

#ITMA Asia + CITME Singapore 2025

Dilo Group at ITMA ASIA Singapore 2025

At ITMA ASIA Singapore, the Dilo Group will exhibit at Booth No. H2 – D202. Together with Kansan Materials, Izmir, the company will present its latest developments and looks forward to welcoming visitors to exchange ideas and explore innovations in needling technology.

#Nonwovens

OUTLOOK™ 2025: Charting a sustainable and innovative future for the Nonwovens Industry

EDANA concluded its flagship event, OUTLOOK™ 2025, last week, marking it as a major success and addressing the biggest questions facing the industry. The three-day conference highlighted the urgent need for a unified approach to sustainability, regulation, and innovation in the absorbent hygiene and wipes sectors.

#Nonwovens

Global Nonwovens Alliance unveils Inaugural Board, advancing collaboration and growth worldwide

The Global Nonwovens Alliance (GNA), a tax-exempt federation jointly founded by INDA, the Association of the Nonwoven Fabrics Industry, and EDANA, the Voice of Nonwovens, announces the appointment of its founding Board of Directors. This group of leaders represents some of the most influential executives across the nonwovens value chain and reflects GNA’s mission to foster global collaboration, innovation, and growth in the industry.

Latest News

#Natural Fibers

Woolmark: Merino wool innovation takes centre stage at Pitti Filati with The Wool Lab themes and Journal debut

Woolmark returns to Pitti Filati to lead AW27 sourcing conversations, spotlighting two new The Wool Lab trend-led themes, the debut of The Wool Lab journal for the European and Italian market and a stand centring the role of Merino wool as a high-performance technical fibre.

#Man-Made Fibers

IMG Group, parent of Evertis and Selenis, launches Everbio Innovation Hub backed by €15 million in financing from C2 Capital Partners

IMG Group launched the Everbio Innovation Hub, backed by €15 million in financing from C2 Capital Partners. Located at the Group’s industrial site in Portalegre, Portugal, the Everbio Innovation Hub brings together the capabilities of Evertis (PET-based packaging films), Selenis (specialty copolyester resins), Renascis (advanced multilayer recycling) and Renewis (renewable energy) to develop, test and mature the next generation of recycled and bio-based polymer materials and technologies.

#Associations

Sustainability: European industry calls on EU to keep Single-Use Plastics Directive unchanged

A broad coalition of European industry associations, including EDANA, Euratex and Plastics Europe, has urged EU institutions to maintain the current legal framework of the Single-Use Plastics Directive (SUPD). In a joint statement, the organisations argue that reopening the Directive at this stage would create legal uncertainty, increase regulatory complexity and undermine investment, while its implementation across the European Union is still incomplete.

#Natural Fibers

Global cotton trade poised for recovery as India and China drive import demand

The July 2026 issue of Cotton This Month highlights a changing global cotton market, with consumption and trade expected to strengthen despite a modest decline in production during the 2026/27 season. The next issue of Cotton This Month will be released on August 1, 2026.

TOP